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Residential Income Property in Elevator Building
For Sale
$499,000

47-39 40TH Street 1D, Queens, NY 11104

A one-bedroom co-op pairs original interior details with shared laundry, bike storage, and a private courtyard.

Property SizeContact for details
Days on Market8

Property Features for 47-39 40TH Street 1D

General Information

Standard status Active
Elevators Yes
Property subtype Apartment

Additional Details

HOA Fee $630.28
Public Transit Yes
Multifamily Units 1

Amenities

Live-in superintendent
Laundry facilities
Bike room
Private resident courtyard
Pet-friendly policy

Building Details

Year Built 1939
Listing Agency: Douglas Elliman Real Estate
Listed By: John A Herbst
Source: Bondnyre
Added: Sep 24 Changed: Sep 29 Last Checked: Sep 30 at 3:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman Real Estate

Investment Insights

Based on property information with market context.

This one-bedroom, one-bathroom co-op occupies the first floor of a 1939 building and is a few steps above the lobby. The apartment includes an open kitchen, hardwood floors, arched doorways, and extensive closet storage. Its approximately 200-square-foot bedroom has room for a bed and a home office area. The living room and bedroom face 40th Street.

Building features include an elevator, live-in superintendent, laundry facilities, a bike room, and a private resident courtyard. The property is at 47-39 40th Street in Queens, 1.5 blocks from the 40th Street 7 train station.

Key Highlights

  • One‑bedroom, one‑bathroom co‑op on the first floor
  • Approximately 200‑square‑foot bedroom with added wall of closets
  • 1.5 blocks from the 40th Street 7 train station

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Law Firm Acupuncture Nursing Home Daycare Center Bed & Breakfast Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

4,958
Businesses Nearby

Demographics for 11104, NY

27,407
Population
13,224
Households
2.1
Avg Household Size
39
Median Age
51%
College-Educated
93%
High-School Grad
0.4 sq mi
ZIP Area
68,518
Density / Sq Mi
$84,716
Median Household Income
$60,346
Median Earnings
$1,924
Median Rent
$665,700
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - A one-bedroom co-op pairs original interior details with shared laundry, bike storage, and a private courtyard.
Where is this residential income property located?
The property is located at 47-39 40TH Street 1D Queens, NY.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: One‑bedroom, one‑bathroom co‑op on the first floor; Approximately 200‑square‑foot bedroom with added wall of closets; 1.5 blocks from the 40th Street 7 train station
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